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New Relic (NYSE: NEWR) will report its financial results for Q4 and fiscal year 2023 on May 23, 2023, after market close. A conference call will be held at 2:00 p.m. PT to discuss these results and the company's outlook. Additionally, an analyst day is scheduled for May 25, 2023, in New York City, focusing on multi-year financial strategies, product roadmaps, and growth priorities. This event will be available via livestream. New Relic’s platform supports engineers with a unified data approach, enhancing software planning and operational efficiency for major brands, including adidas Runtastic and American Red Cross.
New Relic (NYSE: NEWR) has partnered with Mercado Libre, Latin America’s largest e-commerce company, to enhance its observability strategy. This collaboration aims to support over 13,700 engineers by standardizing on OpenTelemetry and New Relic's platform, ensuring high uptime for 140 million users across 18 countries.
Mercado Libre processes 700 million requests per minute and manages 10,000 daily deployments. By utilizing New Relic’s capabilities, the company aims to reduce mean time to resolution, minimize major incidents, and improve application performance. The integration of distributed tracing and improved telemetry data management are central to this initiative, enhancing overall operational efficiency and user experience.
New Relic (NYSE: NEWR) has announced that Intelligent Growth Solutions (IGS), an agritech company, has successfully consolidated its monitoring needs using New Relic, reducing its monitoring spend by 58%. This strategic move has allowed IGS to enhance operational efficiency and redirect its software development efforts towards innovation in sustainable agriculture solutions. Key benefits include an 80% reduction in issue resolution time, transitioning to proactive monitoring, and improved insights into microservices relationships. As a result, IGS now achieves faster issue detection, ultimately enhancing the reliability of its vertical farming systems.
New Relic (NYSE: NEWR) has launched a novel MLOps capability allowing engineers to monitor applications using OpenAI’s GPT APIs with just two lines of code. This integration enables real-time tracking of performance and cost metrics, enhancing the application of AI technologies. The offering is available at no cost for full platform users, expanding New Relic's developer audience. Key features include free access to New Relic Instant Observability, easy installation, real-time cost tracking, and performance optimization insights. This initiative positions New Relic as a leader in observability for AI-driven applications.
New Relic (NYSE:NEWR) and JFrog (NASDAQ:FROG) have announced a new integration that enhances software development operations by providing engineering teams with unified visibility into CI/CD pipelines and application performance. This integration, available at no additional cost for all New Relic users, allows teams to monitor security and performance effectively throughout the software development life cycle (SDLC). Key benefits include actionable insights, vulnerability mitigation, and improved software supply chain performance, helping teams deliver quality software faster. It empowers DevOps and security leaders to tackle supply chain performance issues efficiently.
New Relic has been recognized as a Leader and Outperformer in the 2023 GigaOm Radar for Cloud Observability Solutions. The evaluation assessed 21 providers based on product capabilities, roadmap, ecosystem strength, and execution, positioning New Relic near the center for overall customer value. The company's all-in-one observability platform offers full lifecycle visibility, pricing as a single package, and a hyperscale data cloud platform. New Relic’s innovative solutions enhance uptime, operational efficiency, and customer experiences, indicating strong market relevance.
New Relic announced the launch of CodeStream, an observability feature integrating code-level metrics and service-level telemetry directly into developers' IDEs. This innovation allows developers to address code performance issues swiftly, enhancing productivity throughout the software development lifecycle (SDLC). New Relic's approach reduces the disconnect between coding and observability, crucial given that poor software quality costs the U.S. economy $2.41 trillion. CodeStream supports core programming languages, including .Net, Java, PHP, Python, and more, and is available at no extra cost to full platform users.
New Relic (NYSE: NEWR) has announced its participation in several upcoming investor conferences. Key events include:
- Wolfe Research Software Conference on February 28, 2023 (CFO David Barter)
- Bernstein TMT & Consumer 1:1 Forum on March 1, 2023 (CFO David Barter)
- JMP Securities Technology Conference on March 6, 2023 at 10:00 a.m. PT (CEO Bill Staples)
- Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023 at 8:00 a.m. PT (CEO Bill Staples)
Live webcasts of these presentations will be available on New Relic's investor relations page.
New Relic (NYSE: NEWR) has partnered with Benevity to standardize its observability practice on New Relic’s all-in-one platform, improving uptime across
